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Decentralisation: Freedom or Fragmented Control?
Description
The internet promised to be an escape from centralised power. But thanks to the domination of Big Tech and Venture Capital, has the dream of a user-controlled, peer-to-peer network been systematically stolen by a new set of gatekeepers?
Joining us is Joseph Kennedy, Head of Marketing & Growth at blockchain platform Alephium.
http://www.twitter.com/bigpepghost
https://www.linkedin.com/in/josephkennedyuk/
Welcome to Ruined By The Internet? - the show where we examine how technology is shaping modern life - whether we want it to or not.
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In this episode, Joseph joins us to explore the evolution of decentralisation in the internet age, particularly focusing on the impact of big tech and venture capital on the original ideals of blockchain technology. We discuss the rise and fall of cryptocurrencies, the role of centralised exchanges, public perception of Web3, and the influence of government regulation.
We also look at the future of decentralisation, the risks posed by centralisation, and the potential for self-regulation within the crypto space.
00:00 The Promise of Decentralization and Its Erosion
02:50 The Role of Venture Capital in Crypto
06:11 Centralization vs. Decentralization: The Infrastructure Dilemma
08:57 Public Perception of Crypto and Web3
12:11 The Influence of Regulation on Decentralized Innovations
15:08 Corporate Involvement in Web3: A Double-Edged Sword
17:52 NFTs: Beyond the Hype and Towards Utility
20:50 Value Perception in the Digital Asset Space
23:07 The Rise and Fall of Steemit
28:08 Centralization vs. Decentralization: The Ethical Dilemma
30:29 Self-Regulation in the Decentralized Space
33:18 Government Control and the Decentralized Response
37:50 Barriers to Mass Adoption of Decentralization
40:12 The Future of Decentralization: A Divided Landscape
42:55 A Vision for True Decentralization
#Web3 #DigitalSovereignty #BigTech #internet #technology #society #culture